RENTED JUN 10, 2025

2 E Newman Ave Unit 2 Arcadia, CA 91006

Estimated Value: $1,514,000 - $2,027,508

1 Bed
1 Bath
700 Sq Ft
$2,463/Sq Ft Est. Value

Highlights

  • Mountain View
  • Fireplace in Primary Bedroom
  • No HOA
  • Holly Avenue Elementary School Rated A+
  • Main Floor Primary Bedroom
  • Formal Dining Room

About This Home

As of June 2025

Located in the desirable Arcadia neighborhood, this well-maintained multiunit apartment offers exceptional convenience, just minutes from the 210 Freeway at Santa Anita Ave. Enjoy easy access to top-rated Arcadia schools, parks, shopping malls, golf courses, supermarkets, restaurants, and more.
This spacious 1-bedroom, 1-bathroom unit features a recently updated kitchen with a new countertop and sink, as well as ample cabinet space. The bedroom is generously sized and includes double sliding closet doors.

Additional amenities include:
• On-site laundry, conveniently located behind the unit
• Assigned covered parking with extra storage
• Additional parking space behind the designated spot
• Rent includes trash service, water, common area maintenance, and gardening

Don’t miss this opportunity to live in a fantastic location with excellent amenities!

Last Agent to Rent the Property

Calvin Lu

Wetrust Realty Brokerage Phone: 626-688-2388 License #01142198 Listed on: 03/17/2025

Last Renter's Agent

Calvin Lu

Wetrust Realty Brokerage Phone: 626-688-2388 License #01142198 Listed on: 03/17/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,631 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 700 Sq Ft Home
  • 2-Story Property
  • Two Way Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Laminate Flooring
  • Unfinished Basement

Kitchen

  • Gas Oven
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Located Outside

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC

Outdoor Features

  • Patio

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Standard Electricity
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,980
  • Rent includes trash collection, water
  • 12-Month Minimum Lease Term
  • Available 3/17/25
  • Tax Lot 48
  • Tax Tract Number 1903
  • Assessor Parcel Number 5773001019

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-03-17
  • Credit Check Paid By: Tenant
  • Deposit Security: 1980
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Inclusions: Stove and A/C
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 5773001019
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 700.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Room, In Living Room, Separated
  • Entry Level: 1
  • Fireplace Features: Kitchen, Living Room, Primary Bedroom, Electric, Gas, Two Way
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.71
  • Room Type: All Bedrooms Down, Entry, Formal Entry, Living Room, Main Floor Primary Bedroom
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven
  • Electric: Standard
  • Heating Type: Ductless
  • Laundry Features: Common Area, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Green Features

  • Efficiency: Appliances, HVAC

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7631.00
  • Lot Size Acres: 0.1752

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 7631.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 2
  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Lot: 48
  • Tax Tract Number: 1903

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2010
Sold by
Ruiz Richard and Ruiz Linda R
Bought by
Liou Thomas Y and Liou Brenda Bi
Current Estimated Value
$1,724,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$299,987
Interest Rate
4.94%
Mortgage Type
New Conventional
Estimated Equity
$1,424,390

Purchase Details

Closed on
Sep 30, 1993
Sold by
Coldwater Properties Inc
Bought by
Rivas Cruz A and Rivas Blanca Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
7.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Liou Thomas Y $850,000 Lawyers Title
Rivas Cruz A $158,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liou Thomas Y $450,000
Previous Owner Rivas Cruz A $118,500
Closed Rivas Cruz A $23,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2025 06/10/25 Rented $1,900 0.0% --
04/22/2025 04/22/25 Price Changed $1,900 -4.0% $3 / Sq Ft
03/17/2025 03/17/25 For Rent $1,980 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,925 $1,097,186 $548,593 $548,593
2024 $12,925 $1,075,674 $537,837 $537,837
2023 $12,661 $1,054,584 $527,292 $527,292
2022 $12,251 $1,033,906 $516,953 $516,953
2021 $12,016 $1,013,634 $506,817 $506,817
2019 $11,735 $983,572 $491,786 $491,786
2018 $11,389 $964,288 $482,144 $482,144
2016 $11,101 $926,846 $463,423 $463,423
2015 $10,908 $912,924 $456,462 $456,462
2014 $10,773 $895,042 $447,521 $447,521
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS25058370

California Regional Multiple Listing Service (CRMLS)

APN: 5773-001-019